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Question 38 (2.5 points) Nelson Inc. has had 100,000 shares of 10%, $10 par, cumulative preferred stock outstanding and 250,000 shares of $1 par common

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Question 38 (2.5 points) Nelson Inc. has had 100,000 shares of 10%, $10 par, cumulative preferred stock outstanding and 250,000 shares of $1 par common stock outstanding since it was incorporated. During the first, second, and third year of operations, $75,000. $125,000, and $200,000 of dividends were paid, respectively. In year three, the amount of dividends paid to common stockholders was: $0. O $50,000. $200,000. $100,000

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